China Stocks: Top Ten by PEG

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 |  Includes: ACTS, ATV, EJ, HQCL, LDK, LFC, SSRX, TSL, XFML, YGE
by: Stockerblog

Chinese stocks have been hit heavily during the last several months, and if you are bottom fishing, Chinese stocks with low price earnings to growth ratios [PEG] might be worth taking a close look at. Remember the lower the PEG, the better the buy. A PEG between one and two is good, and below one is great.

Here are the top ten China stocks by PEG:

  • China Life Insurance Co. (NYSE:LFC) is a provider of life insurance and annuity products in China. The stock has a P/E of 7.78 and a PEG of 0.19. It even pays a yield of 1.7%.
  • Solarfun Power Holding (SOLF) makes and markets photovoltaic cells and photovoltaic modules. The stock has a P/E of 18.98 and a PEG of 0.19.
  • Yingli Green Energy (NYSE:YGE) is another photovoltaic manufacturer. The stock has a P/E of 22.89 and a PEG of 0.21.
  • Xinhua Finance Media (XFML) has five divisions in the areas of Broadcast, Print, Production, Advertising, and Research. The stock has a P/E of 23.23 and a PEG of 0.24.
  • 3Sbio Inc. (NASDAQ:SSRX) makes and markets biopharmaceutical products in China. The stock has a P/E of 16.21 and a PEG of 0.28.
  • E-House Holdings (NYSE:EJ) is a provider of real estate agency services, real estate brokerage services, and real estate consulting services. The stock has a P/E of 17.65 and a PEG of 0.28.
  • Actions Semiconductor (NASDAQ:ACTS) is a a fabless semiconductor company which makes system-on-a-chip products. The stock has a P/E of 5.85 and a PEG of 0.29.
  • LDK Solar Co (NYSE:LDK) makes and markets multicrystalline solar wafers used in solar cells and solar modules The stock has a P/E of 21.42 and a PEG of 0.29.
  • Acorn International (NYSE:ATV) operates a TV direct sales platform and nationwide distribution network. The stock has a P/E of 27.57 and a PEG of 0.32.
  • Trina Solar Ltd (NYSE:TSL) makes and markets solar-power products. The stock has a P/E of 17.04 and a PEG of 0.32.

To see an Excel list of over 50 China stocks along with their P/E and PEG ratios, which can be downloaded, changed and sorted, go to WallStreetNewsNetwork.com.

Disclosure: The author does not own any of the above.